secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES BANCORP INC (PEBO)
CIK:        0000318300
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000318300-25-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Bancorp Q4 net income $26.9M ($0.76 EPS), down YoY; full-year record $117.2M; declares $0.40 dividend
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- Q4 net income $26.9M ($0.76 diluted EPS) vs $33.8M ($0.96) in Q4 2023; full-year 2024 net income $117.2M ($3.31 EPS), a record.
- Net interest margin fell to 4.15% from 4.27% linked quarter due to lower accretion income; accretion contributed 23 bps vs 39 bps.
- Provision for credit losses $6.3M (vs $1.3M year ago), driven by higher net charge-offs; negatively impacted EPS by $0.13.
- Period-end loan balances grew 5% annualized QoQ; deposits up 2%; nonperforming assets decreased 30% from linked quarter.
- Board declared quarterly dividend of $0.40 per common share, unchanged from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318300/000031830025000041/0000318300-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318300/000031830025000041/pebo-20250121.htm
  HTML page:      https://secwatch.observer/filing/0000318300-25-000041

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